Sonova Holding AG (OTCMKTS:SONVY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $72.55 and traded as low as $68.39. Sonova shares last traded at $68.78, with a volume of 21,973 shares.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group raised Sonova to a "strong sell" rating in a research report on Tuesday, October 22nd. UBS Group raised Sonova to a "hold" rating in a research report on Tuesday, August 13th.
Check Out Our Latest Analysis on SONVY
Sonova Stock Performance
The company has a current ratio of 1.45, a quick ratio of 1.07 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $72.55 and a 200-day moving average price of $66.73.
Sonova Company Profile
(
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Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.
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